manufacturing purchasing managers surveys
Lots of Economic Data Around the World to Start New Month
March 1, 2024
U.S. stock futures are marginally softer after Yesterday’s rally. This contrasts with share price gains of 1.9% in Japan, 0.7% in India, 0.6% in Australia and the U.K. so far, 0.5% in Hong Kong and Germany so far and 0.4% in China. Whereas the 10-year U.S. Treasury yield has shed two basis points, comparable yields […] More
Fourth Quarter Opens with Japanese Tankan Survey and a Slew of Manufacturing PMI Surveys
October 1, 2018
China will be closed all week, commemorating the communist revolution of 1949. Hong Kong’s market was similarly shut, and so was Australia’s due to Labour Day and the Queen’s Birthday observance there. A three-country Nafta remake including Canada as well as Mexico was fashioned at the last minute. Changes from the original deal were less […] More
Dollar Falling on First Business Day of 2018
January 2, 2018
The start of a new calendar year finds the dollar picking up where 2017 ended with a slip-sliding trend. Overnight losses amount to 0.5% against the euro, 0.6% relative to the Mexican peso, 0.4% versus the yen, kiwi, and sterling, 0.3% vis-a-vis the Swiss franc and Aussie dollar, 0.2% against the yuan and 0.1% relative […] More
Japan’s Tankan, Many PMI Readings and More Protests in Hong Kong
October 1, 2014
The dollar extended its impressive rally, climbing 0.6% against the Australian dollar, 0.4% versus the Swiss franc, 0.3% relative to the euro, 0.2% vis-a-vis the yen, and 0.1% against the kiwi and sterling. The dollar touched new lows for the move of JPY 110.10 and CAD 1.1225. With Hong Kong street mobs in their sixth […] More
U.S.-Minus-Ezone Factory PMI Spread Remained Small in May
June 2, 2014
The manufacturing purchasing managers survey between the United States and the euro area, +1.0, was 0.5 points narrower in May than April and the fourth straight month of 1.5 points or less. The U.S. PMI fell 1.7 points to a three-month low of 53.2. The drop was led by jobs, down 2.8 points, and a […] More
America’s Manufacturing Advantage against Euroland Widened Last Month
January 3, 2012
The pace of expansion in U.S. manufacturing activity strengthened in December to an 8-month high. The purchasing managers index advanced 1.2 points to 53.9, 3.9 points above the break-even line of 50. Every reading since August 2009 has exceeded that threshold. In the euro area, by comparison, December saw a sub-50 PMI reading for a […] More
